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Gas prices drop sharply across Twin Cities

KARE 11 news reported Sunday that a national survey shows gas prices dropped 35 cents in the last two weeks, after the price decline in world oil markets.
According to the Lundberg Survey, the average price of a gallon of regular gasoline at self-serve stations on Friday was $3.31. Mid-grade was $3.45, premium was $3.57 and diesel was $3.95.
Prices from 5,000 gas stations nationwide were collected in the survey, released Sunday.
KARE 11 reported in the Twin Cities a gas station in Coon Rapids selling regular unleaded for $2.61 a gallon and station in St. Francis selling regular unleaded for $2.59 a gallon.
The Associated Press reported Friday that prices fell below $3 a gallon on average in Kansas, Missouri and Oklahoma.
Experts say that if crude prices keep falling, the rest of the country will see gasoline being sold for less than $3 a gallon in the next few weeks.
"Industry analysts say gas could fall as low as $2.50 to $2.75 a gallon, but many see that as a temporary pause before prices rise again," reported the Associated Press.